Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-06-17

settled and irregular; cash SIX 035c. July $40
$3.50, closing at 34l4c; August 35935 C, closing
at $50; Septemb 85c Oa.s dnll, oat steady;
cash 2IG27asc: June &c; July 23tG. Cornmeal
active and firm az g O5. v hisky steady at
Pork irregular; new SIS 20. Lard So % Dry
salt meats, boxed, shoulders s. so; long
clears 81 60; clear ribs 81 20: short clear
81 so Bacon-Boxed shoulders So I2<G6 SIX;
long clears g 4Oas So; clear ribs S 4OaS So
short clear S. SOFAS 20. HAms-Market steady at
Sll 25Gl4 co. Afternoon board-Wheat iIreRu-
Corn-MaIket was firm Oa Nothing done.
CHICAGO, ILL, June l5.-Everybody was on
the qui vive for developments, and while the
excitement did not run as high as Yesterday,
The ur certainly of the financial standing of
some of the houses was what caused the
greatest anxiety, and as one firm after another,
some twelve TO fourteen in al give notice that
they were unable 10 pay farther margin
on their trades and asked 80 have trades closed
ont anxiety increased, none knowing who
would be next. Outside influence counted for
nothing everything depended on local devel-
opments. Many commission merchants have
refused temporarily TO make new trades and
are giving all their attention to the settling up
of their old business. The opening was wild
and excited, and as the announcement was
made by one of the principal firms connected
with long side that all margins would be put
up the market became very s.rong and prices
were after numerous sudden fluctuations
started ny, advancing to 3 = points higher for
Il. higher for s't other - futures 2T5s' tS aaG
closing figures of yesterday. bat the advance
brought out heavy offerings again and then
came the announcements one after another
from firms to close their trades and the panic
quickly followed. Fluctuations were very fire.
quent, but each temporary reaction r6 suited in
the prices dropping lower and lower until
toward noon. when there was temporarily q
lull and the market ruled ctea6y for q while.
Operators expected some further imuortant
any IN q nnn mr. Hra vrttp, rsaa
deathiike stilln retgned, but IN this short In
tery al the h -ndS OF the whe9t indicator quickly
recorded drop of Il Gle at the time until J4Iy
touched 10. Never before IN the history OF
wheIt trade has such apVaiHng sti' luess reigned
with wheat dropping 81 In less than That many
minutes. Operators gaZed blankly AZ one an
other, not knowing wnerG the end would be.
But reaction came, and the price OF July
gradually shot up &C ana lc, at one time SELL
ing TO sc, followed by numerous fluctuations.
The dec inc Tor July from the gnest point
reached last week was l15sc, closing about 2Sc
lower than yesterdays clOsiDg. June declined
9isc from the highest point reached this morn
ing and 25{ic from the highest point reached
last week, closing sc lower than
Yesterdays pri> g More deferred futures
ruled premium over nesr INJURIES, Dut al sold
lower. Angus. at times rullTG &c. September
25a C, and December jlsc >wer than the closing
figures of Yesterday afternoon, aud closed at
from l5sG2c lower. Homo markets were all
very unsettled ana generally ever. FOREIGN
markets were depressed, and The quantity III
wheat on ocean passage showed large n
crease. Corn was unsettled, weak and L. Ter.
Tracing was OF fair volume with COnSldf iable
long COT: on the market, AMI several lots
closed out. The market acted some what In
- mpathy with the wheat market; opened eX-
cited at about &C hiEhC- than closing figures
of yesterday was steady for tine, then ruled
weak, dec ined I'm all sc, uuctuated some
and closed iac lower Tor July ana sc higher
tor august imam Yesterday. July opened at
81 = 63l C, and closed 1T sc. August opened
ct IS. as &C. anG closed e. IS Provisions
was brisk, ut the market was nervous and IN
rnFFN rf- NH Ia NrF NurtNn
excitement and weakness IN grain. Free Of
terings on behalf o1 suspencea fire was the
main cause OF sharp oecine IN prices,
III ugh weakness in sides W re traded in very
freely, and inc demand was fairly
active from those who were anxious
t. secure their profits. Prices nuctua!ed
wildly, especially between 10 gnc IL O'Clock.
When parties were tndt avO- ing 20 close out
their trades, July, August and September de-
hveries met with more attention ant with more
closing up trades than transferring ahead
brlCes were lower. bat the market closed
steadicr.i EJuly lard opened at So 60. ana closed
At s. ~. July ribs opened at y %, and closed
az 81 371s. Leading futures closed follows
" heat-JUne tic; July 72iic; August 1896
September &c Commune 36c; july SIC; Au-
gust 3sac; september 3gic. Pork-June
So GG LaTd-JIue So III, july So J:is; Au-
gust So 62ls; September IS 22il Short ribs
June 81 371s July y 3TJz; August s. AZ; Sep
tender q 5IH., Cash quotations were: Flour
ruled duh and was neglected, with prices
I'M ettled owing TO excitement in wheat; No. >
spring wheat I035Ci No. ,. red. 7Oi, D7I11. No
corn 3JtI G3j>sc- Mess pOrk 81 20. Lard
ST. 424s G6 A.; short ribs, sides, loose, 81 300
IS; dry sailed shoulders, boxed - 60dj 10;
short clear sides hszNed, 5 ,5G7 50.
NEW YORK, June I5.-FlOur unsettled and
weaker. Wheat &c lower and heavy Export
trading fair, Options nervous ana at times
greatly excited and IN sympathy with tho west,
due TO nUmerOusfailures and general scttl MS.
Prices advanced Z q sc early, later became do
Cidedly weaker and declined = G3]5C, most
marked on June, closing heavy and showing
irregular reaction Of E0lo, speculation quite
brisk. spot No. } red ga go - ei- vatOr; $40
93{ic delivered; g az &C -re!E' Oh bnards
June yCG93 &C, closing at sici July $40
sgzsc, closing at Size; August S65S
O-s3sc. closing 1t SIC: oeptemDer STi5 assoc,
closing al She; DCtOgeT = q dSssc, C,Osing at
sSl4c. COrn-SpO q a I" C lower al tairly ac-
tive. options opened e. q - higher. closing
No > 47647ttc deiivereJ: June 40. c4tEc, clos
ing st 1870: July 4dss G47-ac. closing a. 46IC;
a gust AS d47zsc. c:Osing a. 4lssc, september
4Si4 G5S1zc, closing a. Is C. Llhee-- pot fair
Rio steady ST zoe; options nigreT GL7 .uiLly ac-
tive; sales 10 500 bags; July : -o6lS CO.,
August 81 5OGls 40; September 50 sjG!S 10;
October SIS 90: November flS 15G Is 81 iIeCem-
Der SIS 2OGlc 20; January Sls 2I0lo So, February
SIS 6O6IS s.; March SIS 3DGSls So april SIS $50
is So. Sugar-Slow, nominal, lar refining at
/ 7-l6c; refined quiet; cut loaf ana crushed
I-lG965Ec. Molasses dull 80 test 20c. WOOL
quiet ara generally steady; domestic leeCe 80
but less active; cut meats steady. Picked
hams IlGlli4c; piCkled bellies nc. Lard low
er and more active; western steam spot s. 81
July So 71GG 30; AugustSf S1G7 co.. september
Sc g6GT 90; october 81 C2G7 2G; November
81 g40T o.